John Deere 2024 Layoffs Reddit 2024. John deere has had a busy 2024 thus far, but a large round of employee layoffs are taking place in iowa. Finished the year stronger than expected after aggressively cutting production and seeing solid demand for new tractors and precision agriculture technology.
Confirmed monday, july 1, 2024, that itโs laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. John deere spent over $7.2bn on stock buybacks in 2023 and.
